Property Tax

1
Property Tax

• Property tax is assessed on Jan 1 of each on each
  vehicle, boat, and intangible asset in your name.
• Value of vehicles are determined by the NADA Blue
  Book trade-in value as of Jan 1.
• Each taxing identity establishes their rate rates
  to be charged.

2
Property Tax
3
Sales Tax

• Sales tax in KY- 6
• On purchase totaling
• 4,000.00 tax would be
• 240.00

• Sales tax in TN-8.5 to 9.75
• On purchase totaling
• 4,000.00 tax would be
• 270.50 in a taxing district at 9.5